5-16 Comparing Investment Criteria Consider the following cash flows of two mutually exclusive projects for AZ-Motorcars. Assume the discount rate for AZ-Motorcars is 10 percent. Year AZM Mini-SUV AZF Full-SUV 0 $ 450,000 $ 800,000 1 320,000 350,000 2 180,000 420,000 3 150,000 290,000 ________________________________________ a. What is the payback period for each project? (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)) Payback period AZM Mini-SUV AZF Full-SUV ________________________________________ b. What is the NPV for each project? (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)) NPV AZM Mini-SUV $ AZF Full-SUV $ ________________________________________ c. What is the IRR period for each project? (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)) IRR AZM Mini-SUV % AZF Full-SUV % ________________________________________